{
  "@context": "https://agentflare.org/schema",
  "type": "NewsArticle",
  "tier": "L2-full",
  "title": "Crypto News, Oct 26, 2026: Bitcoin Hovers Near $80,000 as Analysts Trim Targets and Strategy Eyes Q3 Rebound",
  "description": "Bitcoin traded at $80,078 on 2026-10-26, down 0.93% over 24 hours, as Citigroup kept a 12-month target of $113,000. Strategy is expected to report…",
  "canonical": "https://agentflare.org/news/2026-10-26-crypto.html",
  "category": "news",
  "updated": "2026-10-26",
  "generated_at": "2026-10-26T00:37:02.364Z",
  "facts": [
    {
      "label": "Desk",
      "value": "Crypto"
    },
    {
      "label": "Date",
      "value": "Mon, Oct 26, 2026"
    },
    {
      "label": "Stories",
      "value": "4"
    },
    {
      "label": "Outlets cited",
      "value": "7"
    },
    {
      "label": "Items screened",
      "value": "12"
    },
    {
      "label": "Freshness",
      "value": "last 48h"
    }
  ],
  "data": {
    "date": "2026-10-26",
    "cluster": "crypto",
    "headline": "Bitcoin Hovers Near $80,000 as Analysts Trim Targets and Strategy Eyes Q3 Rebound",
    "dek": "Bitcoin traded at $80,078 on 2026-10-26, down 0.93% over 24 hours, as Citigroup kept a 12-month target of $113,000. Strategy is expected to report third-quarter results on October 29, 2026.",
    "generated_at": "2026-10-26T00:42:21.778Z",
    "freshness_hours": 48,
    "stories": [
      {
        "title": "Analysts split on Bitcoin's next leg, from $113,000 to $197,000",
        "summary": "Citigroup set a 12-month Bitcoin target of $113,000 at the start of October, which The Motley Fool piece in the Globe and Mail framed as a 35% gain from $84,000 but well below the October 2025 all-time high of $126,000. The article says Bitcoin is down 7% for the year. It also cites JPMorgan Chase projecting 10% annualized growth over the next decade, against a 37% compound annual rate over the previous decade. Bitwise's October research, cited by Business Insider, models an equilibrium value of about $197,000 tied to global money supply growth and a possibly weaker U.S. dollar. BeInCrypto also ran a BloFin CEO piece arguing the next cycle may look very different.",
        "why": "Forecasts that differ this widely show how sensitive Bitcoin valuations are to liquidity assumptions, and slowing expected growth could change how investors size positions.",
        "sources": [
          {
            "id": "S1",
            "title": "Can Bitcoin Double in Value During the Next Crypto Bull Market?",
            "url": "https://www.theglobeandmail.com/investing/markets/markets-news/motley/8446190/can-bitcoin-double-in-value-during-the-next-crypto-bull-market",
            "publisher": "theglobeandmail.com",
            "published": "2026-10-25T22:00:00.000Z"
          },
          {
            "id": "S2",
            "title": "Crypto News: Remittix Prepares Weekly Earn Payouts as Bitwise Models a Bitcoin Price Prediction of $197,000 on Global Liquidity Growth",
            "url": "https://markets.businessinsider.com/news/stocks/crypto-news-remittix-prepares-weekly-earn-payouts-as-bitwise-models-a-bitcoin-price-prediction-of-197-000-on-global-liquidity-growth-1036662742",
            "publisher": "markets.businessinsider.com",
            "published": "2026-10-25T20:38:33.000Z"
          },
          {
            "id": "S6",
            "title": "Why Bitcoin's Next Market Cycle May Look Very Different – BloFin CEO",
            "url": "https://beincrypto.com/bitcoin-next-bull-run-crypto-market-cycle-blofin-ceo",
            "publisher": "beincrypto.com",
            "published": "2026-10-25T12:53:32.000Z"
          }
        ],
        "entities": [
          "bitcoin",
          "JPM"
        ]
      },
      {
        "title": "Strategy faces test of Bitcoin rebound in Q3 results",
        "summary": "Strategy reported a net loss of $8.22 billion for the second quarter, driven by $8.32 billion of unrealized Bitcoin losses under fair-value accounting. Bitcoin closed June 30 at $58,524 and reached $83,556 by September 30, a 42.8% increase. The company is expected to report Q3 earnings on October 29, 2026, though the date is not officially confirmed; consensus is for earnings of $17.98 per share. A filing on October 19 showed a purchase of 267 BTC at an average of $82,900, bringing holdings to 848,517 BTC at an average cost of $75,446. MSTR closed at $146.01 on October 23.",
        "why": "Strategy is a leveraged proxy for Bitcoin, so its quarterly swing from loss to possible gain shows how mark-to-market accounting drives reported earnings.",
        "sources": [
          {
            "id": "S4",
            "title": "Strategy Booked an $8.3 Billion Bitcoin Loss Last Quarter. Could Q3 Show a Gain?",
            "url": "https://247wallst.com/investing/cryptocurrency/2026/10/25/strategy-booked-an-8-3-billion-bitcoin-loss-last-quarter-could-q3-show-a-gain/",
            "publisher": "24/7 Wall St.",
            "published": "2026-10-25T17:29:00.000Z"
          }
        ],
        "entities": [
          "MSTR",
          "bitcoin"
        ]
      },
      {
        "title": "Bank of Israel rejects crypto as a sanctions workaround",
        "summary": "The Bank of Israel said on October 24 that cryptocurrencies cannot be used to circumvent international sanctions, responding to Prime Minister Benjamin Netanyahu's interview remarks. Its governor said the right course is to keep economic ties with Israel's main trade partners and focus on avoiding sanctions. Ynet described the statement as a rare public rebuke and said former finance chiefs and economists warn the idea could drive away investors and isolate the economy. A separate Ynet explainer noted that isolated regimes already use crypto for sanctions evasion, and that Russia has a digital currency handling nearly $100 billion a year.",
        "why": "Central-bank pushback underscores regulatory and reputational risk for any state or business that pitches crypto as a sanctions tool.",
        "sources": [
          {
            "id": "S9",
            "title": "Bank of Israel against Netanyahu: Crypto cannot be used to circumvent sanctions",
            "url": "https://www.haaretz.com/israel-news/business/economy-finance/2026-10-24/ty-article/.premium/bank-of-israel-against-netanyahu-crypto-cannot-be-used-to-circumvent-sanctions/000001a1-6ef5-dd3a-afe1-eff75a8d0000",
            "publisher": "haaretz.com",
            "published": "2026-10-24T19:24:00.000Z"
          },
          {
            "id": "S10",
            "title": "Bank of Israel rejects Netanyahu's crypto sanctions workaround, urges action to prevent penalties",
            "url": "https://www.ynetnews.com/business/article/byqyxv93gl",
            "publisher": "ynetnews.com",
            "published": "2026-10-24T16:45:52.000Z"
          },
          {
            "id": "S12",
            "title": "How the world's most isolated regimes use crypto to evade sanctions",
            "url": "https://www.ynetnews.com/business/article/rjhp11wq2gg",
            "publisher": "ynetnews.com",
            "published": "2026-10-24T10:24:30.000Z"
          }
        ],
        "entities": []
      },
      {
        "title": "Morpho hires Coinbase veteran as deposits reach $17 billion",
        "summary": "Onchain credit network Morpho appointed Brian Foster as head of go-to-market, reporting record deposits of $17 billion. Foster spent more than seven years at Coinbase, where he led institutional and infrastructure businesses including exchange-traded funds, trading-as-a-service, stablecoin payments and the firm's government practice, and managed the BlackRock distribution partnership. At Morpho he will lead commercial strategy aimed at extending adoption to fintechs, traditional financial institutions and other businesses building credit products on public blockchains. Existing clients named include Coinbase, Robinhood, Circle, Bitwise Asset Management and Société Générale.",
        "why": "The hire signals Morpho is targeting traditional finance clients, a test of whether onchain lending can move beyond crypto-native users.",
        "sources": [
          {
            "id": "S11",
            "title": "Morpho Hires Coinbase Veteran Brian Foster as Deposits Hit $17bn",
            "url": "https://thefintechtimes.com/morpho-hires-coinbase-veteran-brian-foster-as-deposits-hit-17bn/",
            "publisher": "thefintechtimes.com",
            "published": "2026-10-24T13:00:47.000Z"
          }
        ],
        "entities": [
          "COIN",
          "HOOD"
        ]
      }
    ],
    "market": [
      {
        "id": "bitcoin",
        "kind": "coin",
        "symbol": "BTC",
        "name": "Bitcoin",
        "last": 80078,
        "asOf": "2026-10-26 00:41 UTC",
        "d1": -0.93259,
        "d7": -2.0325,
        "series": [
          82019.58291286718,
          82452.5789598563,
          82665.54491094804,
          82275.14774564546,
          81882.53937736458,
          81798.62627531706,
          81875.26391574314,
          82062.87911287734,
          81477.495845447,
          81423.2428658152,
          82546.19828619521,
          82499.45448212925,
          82943.83149973174,
          82675.32643923012,
          83063.60247829182,
          83409.09738082219,
          84479.83744735908,
          84448.56794612638,
          84082.26646319703,
          82863.35471708357,
          82152.56212846647,
          81695.15168784377,
          81608.64250212634,
          81387.14751020947,
          81328.20561459455,
          81796.37097495349,
          81485.65375141255,
          81633.9711765576,
          81591.48731501892,
          81201.17283989202,
          81102.31316582682,
          80878.9463575145,
          80653.6077679316,
          80516.53573052652,
          79730.03680274868,
          80431.39606146756,
          80810.57086775338,
          80784.777401159,
          80599.49421440161,
          80505.08914389627,
          80556.80435757403,
          80485.73247285892,
          80388.21641610624
        ]
      },
      {
        "id": "ethereum",
        "kind": "coin",
        "symbol": "ETH",
        "name": "Ethereum",
        "last": 2325.79,
        "asOf": "2026-10-26 00:41 UTC",
        "d1": -1.39788,
        "d7": -2.7881,
        "series": [
          2407.8423723702235,
          2421.753801937327,
          2428.9725591158585,
          2417.6171235655165,
          2392.621896709049,
          2392.55653893482,
          2405.9183757810897,
          2412.6986278393433,
          2388.0829043474755,
          2382.1580806348593,
          2439.09532588244,
          2434.661259432065,
          2446.4878553971676,
          2442.6949110196097,
          2453.9635229684136,
          2466.3687984768567,
          2510.283206086773,
          2492.8771532034257,
          2472.6790339173845,
          2442.7663515089735,
          2427.1995164404684,
          2398.4231336862167,
          2396.899648692102,
          2384.207064873581,
          2386.4827807254364,
          2408.003525832264,
          2398.5640128601835,
          2399.7125524186777,
          2404.9305803341667,
          2392.205971022893,
          2384.7498314209515,
          2379.798821975655,
          2372.633505011729,
          2363.047612686413,
          2304.394523621941,
          2338.619110765724,
          2356.5686323389386,
          2360.5212393115903,
          2345.7050937528065,
          2337.850421580048,
          2341.9531996367864,
          2348.802617990493,
          2339.919769328694
        ]
      },
      {
        "id": "ripple",
        "kind": "coin",
        "symbol": "XRP",
        "name": "XRP",
        "last": 1.29,
        "asOf": "2026-10-26 00:41 UTC",
        "d1": -0.66279,
        "d7": -0.452,
        "series": [
          1.3056649065303505,
          1.3090749341573606,
          1.3127651828224862,
          1.301914831818479,
          1.2974387539092513,
          1.2995694820123869,
          1.3031023779843542,
          1.305498652077083,
          1.295825887027314,
          1.2961594346514838,
          1.3220837002811354,
          1.328151793656272,
          1.334262208307409,
          1.3314541874271426,
          1.3449101909431789,
          1.3550812297523396,
          1.3798659843004029,
          1.3885140395674849,
          1.3650576966337118,
          1.3442213481173897,
          1.3384829358305543,
          1.3254831241200196,
          1.320805808694133,
          1.3050646881519683,
          1.3079854067677237,
          1.3204356664543648,
          1.321318448018259,
          1.3191134040305825,
          1.3116373403455526,
          1.3020085049548047,
          1.2938069195133945,
          1.2899944439065623,
          1.2840015034728152,
          1.280284537011921,
          1.2673161703245925,
          1.2879522912814068,
          1.2982937792534457,
          1.3100458222255777,
          1.3006363266052958,
          1.2987192799771226,
          1.298985241987901,
          1.2994508120205002,
          1.2984814469307644
        ]
      },
      {
        "id": "solana",
        "kind": "coin",
        "symbol": "SOL",
        "name": "Solana",
        "last": 101.24,
        "asOf": "2026-10-26 00:41 UTC",
        "d1": -1.09722,
        "d7": -2.4615,
        "series": [
          103.99956205166374,
          105.13646042785975,
          105.58480275760206,
          104.60167310106218,
          104.07969381427617,
          103.90326744748312,
          104.97739821284904,
          105.23190946793572,
          104.27300834174265,
          104.00862194531082,
          105.84242163392939,
          105.96482121858503,
          106.38592105276177,
          105.83266595212304,
          106.73627408527015,
          106.7536247824031,
          108.43790866248496,
          108.20728824684241,
          106.93833186470637,
          105.43514143194766,
          104.30670858797464,
          104.38959844925571,
          104.54527295435314,
          103.54166326719103,
          103.53975539574773,
          104.1373632671474,
          104.18325534934463,
          104.40322966905052,
          104.65165196526978,
          103.48370985250789,
          102.73717190607486,
          102.54158706748524,
          101.81797621319853,
          101.40746435711118,
          99.67930921652955,
          101.13350842650688,
          102.2657908040487,
          102.32581847921337,
          101.55313852048893,
          101.22764306949445,
          101.52367783955394,
          101.69412111335036,
          101.49677138738517
        ]
      },
      {
        "id": "MSTR",
        "kind": "equity",
        "last": 146.01,
        "asOf": "2026-10-23",
        "d1": 0.14403292181068555,
        "d30": -9.652868015593107,
        "series": [
          136.94,
          129.6,
          126.18,
          132.25,
          153.92,
          168.5,
          167.33,
          162.2,
          161.61,
          158.61,
          157.14,
          154.67,
          153.09,
          160.5,
          160.01,
          164.43,
          164.55,
          153.37,
          151.47,
          154.34,
          152.68,
          152.18,
          143.24,
          151.29,
          136.83,
          136.02,
          142.72,
          153.48,
          145.8,
          146.01
        ]
      },
      {
        "id": "JPM",
        "kind": "equity",
        "last": 331.58,
        "asOf": "2026-10-23",
        "d1": -1.4738218339573412,
        "d30": -2.0616729678638994,
        "series": [
          350.13,
          352.49,
          348.92,
          349.31,
          349.67,
          352.04,
          340,
          337.53,
          338.56,
          343.06,
          336.59,
          334.98,
          330.83,
          333.18,
          332.38,
          332.38,
          331.28,
          329.58,
          331.42,
          332.99,
          334.3,
          331.43,
          335.28,
          335.53,
          339.72,
          333.53,
          335.26,
          335.19,
          336.54,
          331.58
        ]
      },
      {
        "id": "COIN",
        "kind": "equity",
        "last": 164.45,
        "asOf": "2026-10-23",
        "d1": -2.7441007747353567,
        "d30": -17.448923246824968,
        "series": [
          191.45,
          172.11,
          164.51,
          173.97,
          194.25,
          201.05,
          201.07,
          198.13,
          199.21,
          195.11,
          191.79,
          190.02,
          186.41,
          189.29,
          183,
          188.22,
          185.74,
          178.45,
          172,
          179.39,
          180.39,
          181.79,
          172.89,
          183.81,
          173.16,
          168.45,
          170.85,
          177.08,
          169.09,
          164.45
        ]
      },
      {
        "id": "HOOD",
        "kind": "equity",
        "last": 95.07,
        "asOf": "2026-10-23",
        "d1": -1.5634706978670583,
        "d30": -21.312696573415,
        "series": [
          114.33,
          110.45,
          104.42,
          109.81,
          119.82,
          123.3,
          124.25,
          122.7,
          120.82,
          119.4,
          116.46,
          116.22,
          112.5,
          111.15,
          112.74,
          114.11,
          112,
          109.51,
          107.01,
          109.02,
          109.22,
          110.52,
          101.08,
          103.99,
          98.87,
          96.52,
          98.21,
          101.93,
          96.58,
          95.07
        ]
      }
    ],
    "policy_rates": [],
    "prediction_markets": [
      {
        "title": "What price will Bitcoin hit in October?",
        "slug": "what-price-will-bitcoin-hit-in-october-2026",
        "volume": 11271741.083214,
        "rows": [
          {
            "label": "↑ 82,500",
            "value": 0.535
          },
          {
            "label": "↓ 77,500",
            "value": 0.455
          },
          {
            "label": "↑ 85,000",
            "value": 0.21
          },
          {
            "label": "↓ 75,000",
            "value": 0.165
          },
          {
            "label": "↑ 87,500",
            "value": 0.075
          }
        ]
      }
    ],
    "watch": [
      {
        "text": "Strategy is expected to announce third-quarter earnings on October 29, 2026, though the date has not been officially confirmed.",
        "sources": [
          "S4"
        ]
      }
    ],
    "takeaways": [
      "Bitcoin is holding near $80,000 with weak 24-hour and seven-day moves, and altcoins are lagging.",
      "Targets range from Citigroup's $113,000 to Bitwise's roughly $197,000, so forecasts depend heavily on liquidity assumptions.",
      "Strategy's Q3 report, expected October 29, 2026, will show how the 42.8% quarterly Bitcoin rise affects reported earnings."
    ],
    "faq": [
      {
        "q": "What is Citigroup's 12-month Bitcoin price target?",
        "a": "Citigroup set a 12-month Bitcoin price target of $113,000 at the start of October. The Globe and Mail piece notes this is below the all-time high of $126,000 from October 2025 and far from the $200,000 target floated earlier this year."
      },
      {
        "q": "How many Bitcoin does Strategy hold?",
        "a": "Strategy holds 848,517 BTC, bought at a total cost of $64.02 billion, or an average of $75,446 per coin. Its October 19 filing showed a purchase of 267 BTC between October 12 and 18."
      },
      {
        "q": "What did the Bank of Israel say about crypto and sanctions?",
        "a": "On October 24 the Bank of Israel said cryptocurrencies cannot be used to circumvent international sanctions. It said Israel should preserve economic relationships with its main trade partners and focus on avoiding sanctions, responding to remarks by Prime Minister Benjamin Netanyahu."
      }
    ],
    "count": 4,
    "items": [
      {
        "title": "Can Bitcoin Double in Value During the Next Crypto Bull Market?",
        "url": "https://www.theglobeandmail.com/investing/markets/markets-news/motley/8446190/can-bitcoin-double-in-value-during-the-next-crypto-bull-market",
        "source": "theglobeandmail.com",
        "date": "Sun, 25 Oct 2026 22:00:00 GMT",
        "tickers": [],
        "iso": "2026-10-25T22:00:00.000Z"
      },
      {
        "title": "Crypto News: Remittix Prepares Weekly Earn Payouts as Bitwise Models a Bitcoin Price Prediction of $197,000 on Global Liquidity Growth",
        "url": "https://markets.businessinsider.com/news/stocks/crypto-news-remittix-prepares-weekly-earn-payouts-as-bitwise-models-a-bitcoin-price-prediction-of-197-000-on-global-liquidity-growth-1036662742",
        "source": "markets.businessinsider.com",
        "date": "Sun, 25 Oct 2026 20:38:33 GMT",
        "tickers": [],
        "iso": "2026-10-25T20:38:33.000Z"
      },
      {
        "title": "Cryptocurrency Prices - Real Time Market Data",
        "url": "https://www.investing.com/crypto",
        "source": "investing.com",
        "date": "Sun, 25 Oct 2026 19:00:00 GMT",
        "tickers": [],
        "iso": "2026-10-25T19:00:00.000Z"
      },
      {
        "title": "Strategy Booked an $8.3 Billion Bitcoin Loss Last Quarter. Could Q3 Show a Gain?",
        "url": "https://247wallst.com/investing/cryptocurrency/2026/10/25/strategy-booked-an-8-3-billion-bitcoin-loss-last-quarter-could-q3-show-a-gain/",
        "source": "24/7 Wall St.",
        "date": "2026-10-25T17:29:00+00:00",
        "tickers": [
          "MSTR"
        ],
        "iso": "2026-10-25T17:29:00.000Z"
      },
      {
        "title": "Bitcoin price battles $80K as major altcoins post double-digit losses: Market watch",
        "url": "https://crypto.news/crypto-market-watch-worst-altcoins-bitcoin-price-80k",
        "source": "crypto.news",
        "date": "Sun, 25 Oct 2026 14:23:10 GMT",
        "tickers": [],
        "iso": "2026-10-25T14:23:10.000Z"
      },
      {
        "title": "Why Bitcoin's Next Market Cycle May Look Very Different – BloFin CEO",
        "url": "https://beincrypto.com/bitcoin-next-bull-run-crypto-market-cycle-blofin-ceo",
        "source": "beincrypto.com",
        "date": "Sun, 25 Oct 2026 12:53:32 GMT",
        "tickers": [],
        "iso": "2026-10-25T12:53:32.000Z"
      },
      {
        "title": "Crypto Analysis: Even Bitcoin Cannot Escape the Market's Lack of Direction",
        "url": "https://www.forex.com/en-us/news-and-analysis/crypto-analysis-even-bitcoin-cannot-escape-the-market-s-lack-of-direction",
        "source": "forex.com",
        "date": "Sun, 25 Oct 2026 08:00:00 GMT",
        "tickers": [],
        "iso": "2026-10-25T08:00:00.000Z"
      },
      {
        "title": "Bitcoin BTC (BTC-USD) Live Price, News, Chart & Price History",
        "url": "https://finance.yahoo.com/quote/BTC-USD",
        "source": "finance.yahoo.com",
        "date": "Sun, 25 Oct 2026 00:00:00 GMT",
        "tickers": [],
        "iso": "2026-10-25T00:00:00.000Z"
      },
      {
        "title": "Bank of Israel against Netanyahu: Crypto cannot be used to circumvent sanctions",
        "url": "https://www.haaretz.com/israel-news/business/economy-finance/2026-10-24/ty-article/.premium/bank-of-israel-against-netanyahu-crypto-cannot-be-used-to-circumvent-sanctions/000001a1-6ef5-dd3a-afe1-eff75a8d0000",
        "source": "haaretz.com",
        "date": "Sat, 24 Oct 2026 19:24:00 GMT",
        "tickers": [],
        "iso": "2026-10-24T19:24:00.000Z"
      },
      {
        "title": "Bank of Israel rejects Netanyahu's crypto sanctions workaround, urges action to prevent penalties",
        "url": "https://www.ynetnews.com/business/article/byqyxv93gl",
        "source": "ynetnews.com",
        "date": "Sat, 24 Oct 2026 16:45:52 GMT",
        "tickers": [],
        "iso": "2026-10-24T16:45:52.000Z"
      },
      {
        "title": "Morpho Hires Coinbase Veteran Brian Foster as Deposits Hit $17bn",
        "url": "https://thefintechtimes.com/morpho-hires-coinbase-veteran-brian-foster-as-deposits-hit-17bn/",
        "source": "thefintechtimes.com",
        "date": "Sat, 24 Oct 2026 13:00:47 GMT",
        "tickers": [],
        "iso": "2026-10-24T13:00:47.000Z"
      },
      {
        "title": "How the world's most isolated regimes use crypto to evade sanctions",
        "url": "https://www.ynetnews.com/business/article/rjhp11wq2gg",
        "source": "ynetnews.com",
        "date": "Sat, 24 Oct 2026 10:24:30 GMT",
        "tickers": [],
        "iso": "2026-10-24T10:24:30.000Z"
      }
    ]
  },
  "analysis_md": "Bitcoin traded at $80,078 on 2026-10-26, down 0.93% over 24 hours, as Citigroup kept a 12-month target of $113,000. Strategy is expected to report third-quarter results on October 29, 2026.\n## Analysts split on Bitcoin's next leg, from $113,000 to $197,000\nCitigroup set a 12-month Bitcoin target of $113,000 at the start of October, which The Motley Fool piece in the Globe and Mail framed as a 35% gain from $84,000 but well below the October 2025 all-time high of $126,000. The article says Bitcoin is down 7% for the year. It also cites JPMorgan Chase projecting 10% annualized growth over the next decade, against a 37% compound annual rate over the previous decade. Bitwise's October research, cited by Business Insider, models an equilibrium value of about $197,000 tied to global money supply growth and a possibly weaker U.S. dollar. BeInCrypto also ran a BloFin CEO piece arguing the next cycle may look very different.\n**Why it matters:** Forecasts that differ this widely show how sensitive Bitcoin valuations are to liquidity assumptions, and slowing expected growth could change how investors size positions.\nSources: [theglobeandmail.com](https://www.theglobeandmail.com/investing/markets/markets-news/motley/8446190/can-bitcoin-double-in-value-during-the-next-crypto-bull-market), [markets.businessinsider.com](https://markets.businessinsider.com/news/stocks/crypto-news-remittix-prepares-weekly-earn-payouts-as-bitwise-models-a-bitcoin-price-prediction-of-197-000-on-global-liquidity-growth-1036662742), [beincrypto.com](https://beincrypto.com/bitcoin-next-bull-run-crypto-market-cycle-blofin-ceo)\n## Strategy faces test of Bitcoin rebound in Q3 results\nStrategy reported a net loss of $8.22 billion for the second quarter, driven by $8.32 billion of unrealized Bitcoin losses under fair-value accounting. Bitcoin closed June 30 at $58,524 and reached $83,556 by September 30, a 42.8% increase. The company is expected to report Q3 earnings on October 29, 2026, though the date is not officially confirmed; consensus is for earnings of $17.98 per share. A filing on October 19 showed a purchase of 267 BTC at an average of $82,900, bringing holdings to 848,517 BTC at an average cost of $75,446. MSTR closed at $146.01 on October 23.\n**Why it matters:** Strategy is a leveraged proxy for Bitcoin, so its quarterly swing from loss to possible gain shows how mark-to-market accounting drives reported earnings.\nSources: [24/7 Wall St.](https://247wallst.com/investing/cryptocurrency/2026/10/25/strategy-booked-an-8-3-billion-bitcoin-loss-last-quarter-could-q3-show-a-gain/)\n## Bank of Israel rejects crypto as a sanctions workaround\nThe Bank of Israel said on October 24 that cryptocurrencies cannot be used to circumvent international sanctions, responding to Prime Minister Benjamin Netanyahu's interview remarks. Its governor said the right course is to keep economic ties with Israel's main trade partners and focus on avoiding sanctions. Ynet described the statement as a rare public rebuke and said former finance chiefs and economists warn the idea could drive away investors and isolate the economy. A separate Ynet explainer noted that isolated regimes already use crypto for sanctions evasion, and that Russia has a digital currency handling nearly $100 billion a year.\n**Why it matters:** Central-bank pushback underscores regulatory and reputational risk for any state or business that pitches crypto as a sanctions tool.\nSources: [haaretz.com](https://www.haaretz.com/israel-news/business/economy-finance/2026-10-24/ty-article/.premium/bank-of-israel-against-netanyahu-crypto-cannot-be-used-to-circumvent-sanctions/000001a1-6ef5-dd3a-afe1-eff75a8d0000), [ynetnews.com](https://www.ynetnews.com/business/article/byqyxv93gl), [ynetnews.com](https://www.ynetnews.com/business/article/rjhp11wq2gg)\n## Morpho hires Coinbase veteran as deposits reach $17 billion\nOnchain credit network Morpho appointed Brian Foster as head of go-to-market, reporting record deposits of $17 billion. Foster spent more than seven years at Coinbase, where he led institutional and infrastructure businesses including exchange-traded funds, trading-as-a-service, stablecoin payments and the firm's government practice, and managed the BlackRock distribution partnership. At Morpho he will lead commercial strategy aimed at extending adoption to fintechs, traditional financial institutions and other businesses building credit products on public blockchains. Existing clients named include Coinbase, Robinhood, Circle, Bitwise Asset Management and Société Générale.\n**Why it matters:** The hire signals Morpho is targeting traditional finance clients, a test of whether onchain lending can move beyond crypto-native users.\nSources: [thefintechtimes.com](https://thefintechtimes.com/morpho-hires-coinbase-veteran-brian-foster-as-deposits-hit-17bn/)\n## Data behind the stories\n\nBitcoin traded at $80,078, down 0.93% over 24 hours and down 2.03% over seven days, while Ethereum sat at $2,326, down 1.40% on the day. On Polymarket's October Bitcoin market, a move up to 82,500 was priced at 53.5% against 45.5% for a drop to 77,500. MSTR closed at $146.01 on 2026-10-23, roughly 9.65% lower over the month.\n\n- XRP 7d: -0.45%\n- BTC 7d: -2.03%\n- JPM 30d: -2.06%\n- SOL 7d: -2.46%\n- ETH 7d: -2.79%\n- MSTR 30d: -9.65%\n- COIN 30d: -17.45%\n- HOOD 30d: -21.31%\n\n**What price will Bitcoin hit in October?** (Polymarket): ↑ 82,500 53.5%; ↓ 77,500 45.5%; ↑ 85,000 21.0%; ↓ 75,000 16.5%; ↑ 87,500 7.5%\n\n## What to watch\n\n- Strategy is expected to announce third-quarter earnings on October 29, 2026, though the date has not been officially confirmed.\n\n## Key takeaways\n\n- Bitcoin is holding near $80,000 with weak 24-hour and seven-day moves, and altcoins are lagging.\n- Targets range from Citigroup's $113,000 to Bitwise's roughly $197,000, so forecasts depend heavily on liquidity assumptions.\n- Strategy's Q3 report, expected October 29, 2026, will show how the 42.8% quarterly Bitcoin rise affects reported earnings.\n\n## FAQ\n\n**What is Citigroup's 12-month Bitcoin price target?**\nCitigroup set a 12-month Bitcoin price target of $113,000 at the start of October. The Globe and Mail piece notes this is below the all-time high of $126,000 from October 2025 and far from the $200,000 target floated earlier this year.\n\n**How many Bitcoin does Strategy hold?**\nStrategy holds 848,517 BTC, bought at a total cost of $64.02 billion, or an average of $75,446 per coin. Its October 19 filing showed a purchase of 267 BTC between October 12 and 18.\n\n**What did the Bank of Israel say about crypto and sanctions?**\nOn October 24 the Bank of Israel said cryptocurrencies cannot be used to circumvent international sanctions. It said Israel should preserve economic relationships with its main trade partners and focus on avoiding sanctions, responding to remarks by Prime Minister Benjamin Netanyahu.\n",
  "sources": [
    {
      "title": "Can Bitcoin Double in Value During the Next Crypto Bull Market?",
      "url": "https://www.theglobeandmail.com/investing/markets/markets-news/motley/8446190/can-bitcoin-double-in-value-during-the-next-crypto-bull-market"
    },
    {
      "title": "Crypto News: Remittix Prepares Weekly Earn Payouts as Bitwise Models a Bitcoin Price Prediction of $197,000 on Global Liquidity Growth",
      "url": "https://markets.businessinsider.com/news/stocks/crypto-news-remittix-prepares-weekly-earn-payouts-as-bitwise-models-a-bitcoin-price-prediction-of-197-000-on-global-liquidity-growth-1036662742"
    },
    {
      "title": "Why Bitcoin's Next Market Cycle May Look Very Different – BloFin CEO",
      "url": "https://beincrypto.com/bitcoin-next-bull-run-crypto-market-cycle-blofin-ceo"
    },
    {
      "title": "Strategy Booked an $8.3 Billion Bitcoin Loss Last Quarter. Could Q3 Show a Gain?",
      "url": "https://247wallst.com/investing/cryptocurrency/2026/10/25/strategy-booked-an-8-3-billion-bitcoin-loss-last-quarter-could-q3-show-a-gain/"
    },
    {
      "title": "Bank of Israel against Netanyahu: Crypto cannot be used to circumvent sanctions",
      "url": "https://www.haaretz.com/israel-news/business/economy-finance/2026-10-24/ty-article/.premium/bank-of-israel-against-netanyahu-crypto-cannot-be-used-to-circumvent-sanctions/000001a1-6ef5-dd3a-afe1-eff75a8d0000"
    },
    {
      "title": "Bank of Israel rejects Netanyahu's crypto sanctions workaround, urges action to prevent penalties",
      "url": "https://www.ynetnews.com/business/article/byqyxv93gl"
    },
    {
      "title": "How the world's most isolated regimes use crypto to evade sanctions",
      "url": "https://www.ynetnews.com/business/article/rjhp11wq2gg"
    },
    {
      "title": "Morpho Hires Coinbase Veteran Brian Foster as Deposits Hit $17bn",
      "url": "https://thefintechtimes.com/morpho-hires-coinbase-veteran-brian-foster-as-deposits-hit-17bn/"
    }
  ],
  "related": [
    {
      "name": "AI & Compute: Meta flags tight AI funding as Nasdaq posts worst day in four months",
      "url": "https://agentflare.org/news/2026-10-26-ai.html"
    },
    {
      "name": "Earnings: Alphabet, Microsoft and Amazon headline busiest week of earnings season",
      "url": "https://agentflare.org/news/2026-10-26-earnings.html"
    },
    {
      "name": "Markets: Big Tech capital needs in focus as Meta, SpaceX weigh on shares late in the week",
      "url": "https://agentflare.org/news/2026-10-26-markets.html"
    }
  ],
  "pricing": {
    "price_usd": 0.005,
    "method": "402",
    "endpoint": "https://esa.aisa.one/api/v1/access/verify",
    "autopay_hint": "set crawlerAutoPrice=true with the X-Crawler-Token header",
    "onboarding": "https://esa.aisa.one/agent/guide.html"
  },
  "powered_by": "AISA — agent-native search, settlement & delivery (https://aisa.one)"
}